Global downturn seems to be taking its toll on all industries. IT industries were also deeply affected by this downturn.
Companies were hoping that recession will end this year therefore most of them honored the offers given to college grads last year.
But looks like they do not have enough work for them. Infosys has doubled the training time for its 18000 freshers which were hired last year. It also assigning them to mock projects in order to give them some real time experience.
While this may not be good enough but at least it is better than sitting idle. This is not good for students who graduated this year and are facing a tough time in job market.
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Taking cues from US and other developed countries, Indian govt has kicked off the creation of a unique identification database of the country’s citizens.
Mr Nandan Nilekani will step down from his role of co-chairman of Infosys to head this project . He would be chairperson of the Unique Identification Authority of India (UIA) and would get the rank of a Cabinet Minister. Following the announcement, Mr Nilekani said he would step down from the board of Infosys. Mr Nilekani’s resignation would be effective from July 9.
The UIA, under the aegis of the Planning Commission, is aimed at providing a unique identity to the targeted population of the Government’s flagship schemes such as the National Rural Employment Guarantee Scheme, Sarva Shiksha Abhiyaan and Bharat Nirman.
The proposed Authority will be entrusted with the task of laying down plans and policies to implement the unique identification scheme across the country. It will own and operate the unique identification number database and be responsible for updating and maintaining it on an ongoing basis, according to Government statement.
We are happy that some one with the caliber of Mr Nandan Nilenkani is heading the project.